He goes on Fallon's show. Asks to borrow a guitar from one of the guys in Fallon's house band. It's a rare 1961 Epiphone model, after his set he throws the guitar across the stage and breaks the head, ruining the guitar. Then he refused to offer to replace it, or even sign the ruined guitar afterwards for the true owner.

Prince has hundreds of songs in rotation across the world every day on terrestrial and satellite radio. His performance royalties have to exceed $10 million per year, easily.

He sat on the board at Warner Brothers, has sold tens of millions of albums and singles and if he had to, could easily put together a North American club and small venue tour and earn another $10 million.

I can understand that it's possible that whoever is handling his business is screwing up but broke? That seems implausible.